Best in Class Energy Sector ETFs - Part 2

Barchart's ETF Recommendations submits:<< Return to Part 1U.S. Oil & Gas Equipment & ServicesiShares Dow Jones U.S. Oil Equipment & Services Index Fund (IEZ) – This fund, launched in May 2006, has $500 million in assets under management. This fund has an expense fee of 0.47%. The fund tracks the Dow Jones U.S. Select Oil Equipment & Services Index, which is a market-cap weighted index that currently holds 44 U.S.-listed stocks. The top five holdings are Schlumberger (SLB) (16.93%), Halliburton (HAL) (8.54%), National Oilwell Varco (NOV) (7.62%), Baker Hughes (BHI) (6.94%), and Weatherford (WFT) (5.24%). SPDR S&P Oil & Gas Equipment & Services ETF (XES) – This fund, launched in June 2006, has $460 million in assets under management. The fund has a fee of 0.35%. The fund tracks the S&P Oil & Gas Equipment & Services Select Industry Index. The fund has a 63.80% weight on the Oil & Gas Equipment & Services sub-industry and a 36.20% weight on the Oil & Gas Drilling sub-industry. The index is an equal-weighted index that holds 26 U.S.-listed stocks, which means each stock has a weight of about 3.8% after the quarterly rebalancing. PowerShares Dynamic Oil & Gas Services Portfolio (PXJ) – This fund, launched in October 2005, has $208 million in assets under management. The fund has an expense fee of 0.63%. The fund tracks the Oil & Gas Services Intellidex Index, which is a stock selection and weighting method that takes into account 25 factors that measure company fundamentals, stock valuation,Complete Story »

By Shiv Kapoor: I recently ran posts on several stocks in the energy sector that focused on exploration and production companies and the offshore drilling industry. And with this series on oilfield services companies, I am concluding my review of that part of the energy sector that interests me.

By Stan Stafford:
Overview
In this series of articles, I will be identifying which S&P 500 stocks for various S&P industries are best suitable for income investors, based on dividend growth and yield. For Part 18, I will be taking a look at Oil & Gas Equipment & Services stocks. These stocks include:

Barchart's ETF Recommendations submits:This report covers ETFs that hold the stocks of companies in the energy business. The energy business primarily involves oil and gas companies, but in this report we also cover ETFs involving natural gas and coal.

By Thomas Wilson:National Oilwell Varco (NOV) is an oil and gas equipment services company, which provides equipment, components, and supply chain services for the upstream E&P oil and gas industry. NOV focuses on providing mechanical components for both onshore and offshore drilling rigs. The Company has a worldwide footprint, sports a market capitalization of $30.9 billion, and was founded in 1841.

If you ever needed proof that sound bites, one-liners, rules of thumb, etc., however helpful and comforting they may seem, are actually terrible as a tool for making sense of the day-to-day markets, consider energy. That’s the theme of the funds listed now in my ETF Pullback strategy (see appendix below for details and performance information), as was the case last week. Here’s the current list
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When I first looked at this week’s listings for my ETF Pullback strategy (see Appendix below for details and performance information), I figured I was in for a big-time change of pace. After two-weeks of all-energy exposure, the list now has a telecom fund, a palladium fund and three Eastern Europe funds, one of which is focused entirely on Russia, the largest country in that region. Here’s this week’s list
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